I'm thinking about renting out a property I currently live in - possibly with Lease option to buy in 2 years. Does that work for 1031: and what are the pros & cons?   The minimum lease period is 2 years and then ...

Can I safely assume that all liens get wiped out at auction, including mechanics liens, back taxes, whatever?

I know each state (perhaps county) is different, so this is specific to tax deed states like WA and not tax liens or other foreclosures. I'm especially curious for input from anyone who has experience negotiating dea...

Hey guys,So my 401K company says that due to corona virus I can take 100K withdrawal from my 401K and pay it off in 3 years. (If I dont pay it back then I will be taxed on it so its better to pay it back).1) Is that a...

If I purchased and placed a property in service in 2023 and I have no need for the bonus depreciation on my 2023 taxes, can I claim bonus depreciation on the property for 2024 taxes? If yes, what would I need to do?

I'm Nick Fegley. I sure wish this site would let me upload a pic from my iPad or iPhone!
I'm in the military, bought 4 places, lived in 3 of them, and have sold 1 with 1 pending. I want to learn how to do my taxes for...

My wife and I lived in a house from March 2016 to September 2018 (almost exactly 18 months to the day). We then rented it out after we relocated across town. If we move back in for 6 months are we able to avoid the ca...

Hi everyone, looking for some insight on 1031 exchanges. Here's the scenario and facts. I own a piece of property in Austin and have for more than 5 years. It is my homestead and I have lived in it for all five years....

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OK, tax pros, please answer these scenarios for a buy-and-hold investor that materially participates in their rental activities:

1) You draw down on your personal residence HELOC to finance a rental property. You d...